Receivership & administration

Fontain has shut down and gone into liquidation with more than £3.6m in unsecured debt.

So, what are the lessons to be learned from the collapse last week of Howard Hunt and the sad loss of 250 jobs?

BDO has been confirmed as the administrator of Howard Hunt (City), with the firm’s 250 staff laid off upon appointment.

Paragon Group has acquired various parts of the Howard Hunt Group in a pre-pack deal.

Arjowiggins staff at the firm's largest mill in France are set to lose their jobs after a last-ditch attempt to save the Bessé-sur-Braye mill are understood to have fallen through.

Calderprint has filed a notice of intent to appoint administrators and is understood to have closed.

Sequana, the parent company of Arjowiggins and currently the majority shareholder in Antalis is to be liquidated, a court has ruled.

Coventry-based Link Mailing has been placed in voluntary liquidation following a meeting with company members and appointed liquidators.

Fontain is understood to have closed its doors following the failure of its recent company voluntary arrangement (CVA).

Potential bidders have signalled a high level of interest in the assets of the now-defunct Loop Print as the company’s kit goes up for auction.